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Mining titles |
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General
information concerning the mining titles |
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Mining titles vary
from one country to another according to the Mining Code, nevertheless we can note
resemblances from one country to another concerning: |
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| Reconnaissance licenses - Prospecting permits - Operating permits - Mining concession |
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| Tables below are
only general diagrams, for more precise information select this country above. |
Reconnaissance Licences |
| Rights conferred |
A
reconnaissance license confers its holder the right to search for
one or several minerals in all zones not covered by already other mining title. |
| Allocation |
Variable: National direction of Mines, or by the Ministry of Mines, etc... |
| Validity, renewal |
Generally
3 months renewable one or more time. |
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Prospecting Permits |
| Rights conferred |
Prospecting
permits confer on their holders the exclusive right to prospect for minerals
for which the permit is issued. |
| Area and form |
Variable
according to countries, it can be of 500 km2 for industrial prospecting
permits and 16 km2 for semi-industrial permits. |
| Allocation |
Variable:
National direction of Mines, or by the Ministry of Mines, etc... |
| Validity |
Generally
3 years for industrial permits and 2 years for semi-industrial permits. |
| Renewal |
Generally
renewable 1 to 2 times for lower durations. |
| Program of work |
A
program of work is defined at the time of the delivery of mining titles
as well as the minimum financial effort that the company will have to
carry out each year. |
| Disposal of products |
Holders
of prospecting permits have the right to dispose freely of all products
extracted in the course of the prospecting. |
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Operating Permits |
| Rights conferred |
An
operating permit confers its holders the exclusive right to search,
prospect, develop and freely dispose of the mineral substances for
which it is issued, within the limits of its perimeter and without
limitations of depth. |
| Area and form |
The
area for which operating permits are issued is defined in the
constitutive order. It is limited to the deposits as designated in
the feasibility studies. |
| Allocation |
Variable:
National direction of Mines, or by the Ministry of Mines, etc... |
| Validity |
Generally
10 years for industrial permits and 5 years for semi-industrial permits. |
| Renewal |
Generally
renewable 1 to 2 times for lower durations. |
| Disposal of products |
Holders
of operating permits have the right to dispose freely of all products
extracted. |
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Mining Concession |
| Rights conferred |
Concession
confers its holders the exclusive right to carry out all kinds of
prospecting and development of deposits of minerals substances for which
the concession is granted, within the limits of its perimeter, and without
limits of depth. |
| Area and form |
The
area for which concession permits are issued is defined in the
constitutive order. It is limited to the deposits as designated in
the feasibility studies. |
| Allocation |
Variable:
National direction of Mines, or by the Ministry of Mines, etc... |
| Validity |
Generally
25 years. |
| Renewal |
Generally
renewable 1 to 2 times for lower durations. |
| Disposal of products |
Holders
of concession have the right to dispose freely of all products
extracted. |
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0.44 carat F-SI1 |
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1.31 carat H-VS1 |
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0.89 carat F-VVS2 |
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1.30 carat F-SI2 |
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1.59 carat E-VS2 |
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Price: £ 566 |
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Price: £ 4,140 |
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Price: £ 2,656 |
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Price: £ 3,652 |
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Price: £ 8,281 |
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